Top Ranked Growth Stocks to Buy for January 2nd

ECPG ALGT BERY

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 2nd:

Berry Global Group, Inc. (BERY - Free Report) : This packaging solutions provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Berry Global has a PEG ratio of 0.93 compared with 1.90 for the industry. The company possesses a Growth Score of B.

Crestwood Equity Partners LP :This infrastructure solutions provider to oil and gas companies, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Crestwood Equity Partners has a PEG ratio of 1.59, compared with 2.43 for the industry. The company possesses a Growth Score of B.

Allegiant Travel Company (ALGT - Free Report) : This leisure travel company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.

Allegiant Travel has a PEG ratio of 0.46, compared with 1.18 for the industry. The company possesses a Growth Score of B.

Encore Capital Group, Inc. (ECPG - Free Report) : This specialty finance company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Encore Capital has a PEG ratio of 0.50, compared with 0.63 for the industry. The company possesses a Growth Score of A.

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.

See 7 handpicked stocks now >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>